HomeMy WebLinkAbout3323AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF:
The Alley which runs from Anoka to State between
4th and Burwell
all in accordance with the plans, maps, and specifications on file in the
office of the City Engineer; adopting said plans, maps and specificationm;
establishing an improvement district; providing for the levying of assessments
for the payment of such improvement and making such improvement payable by
bonds, warrants or installment notes.
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That the above area be improved by the construction of drainage
structures and asphalt surface, together with the doing of any and all work in
connection therewith as may be necessary to make such improvement a complete jo~,
all in accordance with the maps, plans and specifications now on file in the
office of the City Engineer of the City of Bremerton.
Section 2. That the maps, plans and specifications prepared by the ~
City Engineer, now on file in the office of said City Engineer, for the
aforesaid improvement be and the same are hereby adopted.
Section 3. That the cost and expense of said improvement shall be borne
by and assessed against the property included in the assessment district hereinafter
created, in accordance with the provisions of the Revised Code of Washington
35.43.080 except such proportion of siad cost as shall be borne by and paid for
by the State of Washington or other governmental agency, which proportion of such
cost and expense is hereby declared to be in accordance with the special benefits
conferred upon such property.
Section 4. That there is hereby established and created a Local Improvement
District to be called and known as:
Local Improvement District No. 321
Block 3 Peter Hesser's 1st Add'n.,
Block 4 Queen Ann Add'n.
Block 4 Phillips Add'n. Exc the S 63 feet of Lots 1 and 2
and Exc the S 53 feet of Lots 12 and 13 in said Bl°~k 4
Phillips Add'n.
:3 3
Section 5. That the cost and expense of said improvement to be borne by
said improvement district and exclusive of any portion borne by either the
State of Washington or other governmental agency shall be assessed against said
property included in said improvement district in proportion to said area, except
certain units wherein the special benefits conferred upon the property are not
fairly reflected by the use of the termini and zone method, the assessment shall
be made against the property of the district in accordance with the special benefits
it will derive from the improvement without regard to the zone and termini method,
and in accordance with the provisions of the Revised Code of Washington 35.43.080
and the remainder of said cost of the improvement to be paid for by arrangement,
if any, with the State of Washington or other governmental agency.
Section 6. That bonds, warrants or installment notes bearing interest at a
rate of not more than ~_~___percent annum, payable.on or before J~ years from
the date of issuance, shall be issued in payment of the cost and expense of said
improvement assessed against the property included in the district hereinabove
described which bonds, warrants or installment notes shall be redeemed by a
collection of special assessments levied and assessed against the property within
said district, payable in equal installments, with interest at the rate of not to
exceed eight percent annum under the mode of payment by bonds, warrants or
installment notes as required by law and the ordinances of the City of Bremerton.
These bonds, warrants or installment notes shall be delivered to the contractor
in redemption of warrants on the Local Improvement District funds issued on the
estimate of the City Engineer, or the City of Bremerton may, at its option, sell
said bonds, warrants or installment notes and make such redemption in cash.
Section 7. That this Ordinance shall take effect immediately following its
passage and publication, as provided by law.
PASSED by the City Council of the City of Bremerton, signed by the Mayor and
attested by the City Clerk in authentication thereof this ~7~day of~~ ,
ATTEST: '